8 lines
503 B
Markdown
8 lines
503 B
Markdown
# Non-economic
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The property of a process having no economic importance or implication, a closed loop in which there are net zero inflows and outflows of good or services.
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See [ficticious commodity](ficticious-commodity.md) and [artificial scarcity](artificial-scarcity.md).
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## References
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1. Grinold, Richard C., and Ronald N. Kahn. Active portfolio management: Quantitative theory and applications. Probus, 1995.
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1. Wilmott, Paul. Paul Wilmott introduces quantitative finance. John Wiley & Sons, 2007. |